Finance

Access Bank completes acquisition of BancABC Tanzania

LAGOS, NIGERIA: Access Bank PLC has announced the successful completion of its acquisition of African Banking Corporation (Tanzania) Limited (“BancABC…

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NMB shareholders to pocket 181bn/- dividend

NMB Bank has raised the dividend payout to shareholders to 361/- per share this year up from 286/- announced last…

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Tanzania-Türkiye trade volume surges

BILATERAL trade volume between Tanzania and Türkiye has increased fivefold in the past decade

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Finance the fastest growing sector in the country

THE financial sector has seen momentous growth in the last six years, emerging as the top growing sector in 2023.

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Why private sector credit grows at decreasing rate

The private sector credit growth has been growing at a decreasing rate since quarter four last year,

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CRDB champions Africa’s financial transformation in Nairobi

NAIROBI: CRDB Bank has championed Africa’s economic transformation at the African Development Bank (AfDB) Annual Meeting in Nairobi, Kenya. The…

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Only two credit reference bureaux licensed in Tanzania

The Bank of Tanzania (BoT) had only provided Credit Reference Bureaux licences to two companies

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Tanzania drums for more low-income-centred mutual funds

DAR ES SALAAM: THE government yesterday launched a mutual fund that targets the low-income bracket, a move envisaged to accelerate financial…

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Exim Smart Shule unveiled to streamline education finance

Dar es Salaam: In a bid to enhance digital technologies in the education sector, Exim Bank has introduced ‘Exim Smart…

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Transformation in Credit Assessment Worldwide as ICRA scorecard is launched

In a bold move to revolutionize the financial landscape and streamline lending processes, ICRA Rating proudly introduces the ICRA Scorecard.…

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